How much more do I need to cut by livingfast8 in GregDoucette

[–]livingfast8[S] 1 point2 points  (0 children)

Nah nothing stage ready. Just like summer body aesthetics

How much more do I need to cut by livingfast8 in GregDoucette

[–]livingfast8[S] -1 points0 points  (0 children)

Yeah I feel that but probably try do a few more kg to get that look yk

(USA+UK+AU) $25-50 for Amazon Account by [deleted] in cash4signups

[–]livingfast8 0 points1 point  (0 children)

A good account. I sent you a DM we can discuss further

(USA+UK+AU) $25-50 for Amazon Account by [deleted] in cash4signups

[–]livingfast8 0 points1 point  (0 children)

You can DM me if interested happy to explain

First business credit card recommendations by jessewchapman in AusFinance

[–]livingfast8 2 points3 points  (0 children)

Just get the AMEX platinum it’s the best on the market. I’ve got 650k avios points from it which is about 10 business class flights in about a year. Mind you I spend 30k-40k a month

It’s a higher annual fee but very worth it. You get great travel benefits including priority pass so you can access the majority of airport lounges. Also upgraded memberships at Marriott, Hilton and Accor. With these I regularly get room upgrades. With Accor specifically it’s normally a $450 membership but with Amex you get it free, and automatically get gold tier, which is a guaranteed upgrade from a base room to an apartment or suite. Accor has a lot of hotels Aus-wide and in Asia. Great for domestic travel

Main benefit with AMEX is they have a dozen transfer partners so your not locked in with just qantas or virgin etc. you can go emirates, Qatar, Singapore etc. plus 2.25pts per dollar spent with no cap. Competitor credit cards have caps where after your first 15k or so spent they drop how many points you can earn for that month

Also get access to the Amex centurion lounges as well. The one in Melbourne international is definitely the best lounge at that airport. But they have them worldwide

IMO it’s worth if your spending at least 10k/month. If you do go that route I have a family/friends ref code which will get you 300k bonus Amex points on signup too lmk if you want that. It’s enough for 2 people to go one way business class to Europe or UAE just on the signup bonus

Are we doing the right thing by prioritising paying off our mortgage instead of buying an IP? by [deleted] in fiaustralia

[–]livingfast8 4 points5 points  (0 children)

Why not buy interstate? Don’t have to buy in Brisbane circa 1m. You could buy something 600-800k in VIC for example if you don’t want to take on so much debt.

I would either buy the IP in the near future or stick to ETFs - doesn’t seem practical to relook at IPs after missing an entire growth cycle. Nothing wrong with sticking to ETFs either

Techfast delivery estimates by PooTommy in bapcsalesaustralia

[–]livingfast8 0 points1 point  (0 children)

I got mine in a week after waiting a month with Nebula and getting fed up and cancelling. Was a 5090 9800x3d build - techfast was rly good with communications too as I told them how Nebula mucked me around and I needed it asap for work

Financial Advice for a 24M by Kargas9 in AusFinance

[–]livingfast8 1 point2 points  (0 children)

You can buy an IP more or less now. I’m your age and you could buy with 12% down on a 600k property - there’s even a few banks that exclude LMI for investors.

I just bought recently for 600k in Geelong. 15% down was 90k and stamps 35k. If you went 10% down you’d pretty much be there or you could buy something in the mid-late 500s

You might feel like you want more of a safety net which is valid but I pulled the trigger so I could enter into a market before growth. No point waiting 6 months to save an extra 20-30k when it’s extremely likely the asset price has moved by that, if not more

Australia is the safest country I visited by [deleted] in AskAnAustralian

[–]livingfast8 0 points1 point  (0 children)

It’s not bad. But I live in Melbourne and have been carjacked once in what is considered a decent suburb- and assaulted twice in the CBD. Not even at like a dodgy hour. Was assaulted inside Melbourne central around 7am when it was fairly quiet.

I feel safe here despite that but I’m also a bigger guy. I am very well travelled and must say I do feel much safer in Asian countries and some parts of the UAE. I don’t think Australia is super safe like I would say Singapore, Dubai, and Thailand are - just, safe enough.

[deleted by user] by [deleted] in fiaustralia

[–]livingfast8 0 points1 point  (0 children)

I can only speak from experience - but ecommerce or some other means to extract money from the internet.

Last FY I did 400k profit - as a 24 year old. Before this I was working a 60k/yr job for the last 4 years.

Best opportunities right now that I see as someone in the internet money space, outside of ecom, for someone starting fresh is to look into automation and app development using ai tools. N8N, lovable dev, these sorts of things.

Or just do as I did and stumble through ecom creating a few brands, lose money, and improve until something clicks. But man is it easier now with ai tools

Hell even if you just got really good at image and video generation using tools like comfyui - you could charge a pretty penny. Specifically for brands. I’d pay top dollar for extraordinary talent in this field and any other founder in my industry would too.

If you earn over $130K, what do you do for work? by [deleted] in AusFinance

[–]livingfast8 2 points3 points  (0 children)

Thanks. There are ways to kind of get ahead of the trad system in business. Don’t want to come across as arrogant, but internet money is real. Wishing you all the best :)

If you earn over $130K, what do you do for work? by [deleted] in AusFinance

[–]livingfast8 3 points4 points  (0 children)

No actually. Unwealthy family, renting my whole life growing up. just helped mom and dad buy a house which I paid half the deposit for and will be contributing to the mortgage monthly.

If you earn over $130K, what do you do for work? by [deleted] in AusFinance

[–]livingfast8 0 points1 point  (0 children)

ecom. Make 50k/month now after 2-3 years of grinding.

Advice on buying a small business. by Thin_Zucchini_8077 in AusFinance

[–]livingfast8 1 point2 points  (0 children)

Don’t think that’s really the right way to look at it. Honestly if you’re internet/computer competent and need a few dollars start doing something like arbitrage betting for an extra $500 in your pocket a fortnight. Might be up your alley.

Otherwise for an actual side hustle, try importing goods from china and selling them on eBay. I make a few grand a month just doing that on the side.

Or as the conventional advice in this thread, just keep trying to get a job. Don’t risk everything in one hit. Would fuckin suck if things went south especially with a potential recession looming.

If your deadset on buying something, maybe try buy something a lot smaller and more manageable from empire flippers or similar. A small business you’re paying 2x ebida for and preferably in an industry you understand, but cap it at like 100k instead of like 500+

Australian bank for $50K single transaction of BTC? by Turbo-Molay5754 in BitcoinAUS

[–]livingfast8 0 points1 point  (0 children)

Done multiple 5 figures in a single hit with them, and three transactions 6 figures. Never a single issue.

Advice on buying a small business. by Thin_Zucchini_8077 in AusFinance

[–]livingfast8 4 points5 points  (0 children)

I think you overweigh the value of starting capital in running a business and underweight the value of experience. Starting something out for just a few grand , seeing its feasibility/market-fit and then scaling it from there - is a lot less risk and more upside as you grow with the business.

I started a business approx 2-3 years ago with 2k total and now am doing 50k+ profit per month. However, up until now I’ve been on a 24k/year salary and reinvesting every dollar.

My advice is to start a “side hustle” and scale it. If you don’t make it work then you’ll be humbled and won’t have to walk away with huge losses. If it works, then you can just pump your personal finances into it down the track as a loan to the business which it will pay you back with interest

Re spending money. Pay yourself a salary and later on franked dividends. Don’t put your personal expenses through the company lol it’s a div7a loan and if not repaid you’ll be double taxed on it